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Senators had just finished saying how urgent it was to pass a farm bill or an insurance guarantee measure.
Devereux said: 'Widnes didn't really want me to go and there were problems with insurance guarantees.
While the funds' yields still reflect changes in interest rates, the insurance guarantees aim to even out the bonds' price fluctuations.
Last year, for example, almost one-fourth of the $117 billion of new-issue municipal bonds were sold with insurance guarantees.
But Mr. Sarfaty of the insurance guarantee group notes that there are significant holes in the safety net.
If it defaulted, other insurance companies would be responsible for some of its claims, according to rules of insurance guarantee associations.
Under a recent agreement involving the state-sponsored insurance guarantee fund in Arizona, customers may have a chance to get back their money plus interest by June.
In addition, the Pepper commission called for a social insurance guarantee to cover the first three months of nursing home care and fully protect income and assets.
In nearly every state, licensed insurers must contribute to a state-run life insurance guarantee fund, which is intended to protect policyholders if an insurer fails.
The state insurance guarantee associations, made up of all life insurance companies doing business in each state, stand behind the life insurance policies.
But the F.S.L.I.C. insurance guarantee for depositors has been in place all along.
The insurance guarantees cover works of art 'from nail to nail', during transport to and from a museum and during the exhibition.
Although Mr. Kirsch buys intermediate-term bonds, the insurance guarantees make duration a moot point to some fund analysts.
They add insurance guarantees, known as wrappers, to try to fix the funds' share price, or net asset value, at $10, which preserves both capital and accumulated income.
If those companies were permanently closed, industry experts say, many of the state safety nets, called insurance guarantee funds, could not meet the big financial demands suddenly made on them.
Ideas range from child-care vouchers to liability insurance guarantees; to a care-givers' corps, to incentives for companies and unions to develop more child care at the work site.
But the Government should provide complete policies rather than topping up existing private sector provided policies as it does under the £5bn domestic credit insurance guarantee scheme, she added.
Donald Gabay, a Manhattan lawyer, said that New York's insurance guarantee fund, which protects policyholders if an insurer goes bankrupt, would not apply here.
The total compensation is $400,000, but state insurance guarantees vary from state-to-state in the event a company that contracts with the Department of Veterans Affairs becomes insolvent.
This phase of the project eventually culminated in a proposal to involve the Overseas Private Insurance Company, a Government agency, in providing insurance guarantees.
The Multilateral Investment Guarantee Agency (MIGA) is an international financial institution which offers political risk insurance guarantees.
Of course, an investor will pay for each benefit provided by a variable annuity, since insurance companies must charge a premium to cover the insurance guarantees of such benefits.
The California Insurance Guarantee Association will take on about 13,000 of Mission Insurance Company's direct liability claims, mostly from workers' compensation and commercial liability policies.
The plan also promises customers covered by most state insurance guarantee associations, outside of New York, that interest will be paid on their savings at a compounded annual rate of 5 percent.
I understand that Mr. Trump needed this permit in order to file an application for a $350 million Federal Housing Administration mortgage insurance guarantee for the four buildings.